Pablo Escobar's drug cartel use to spend $2500 a month on rubber bands to wrap their cash with

In The Accountant’s Story, Pablo’s brother and accountant, Roberto Escobar, discusses the means by which Pablo rose from middle class simplicity and obscurity to become one of the world’s wealthiest men. At the height of its power, the Medellín drug cartel was smuggling fifteen tonnes of cocaine a day, worth more than half a billion dollars, into the United States. According to Roberto, he and his brother’s operation spent $2500 a month purchasing rubber bands to wrap the stacks of cash, storing most of it in their warehouses; 10% had to be written-off due to “spoilage” by rats who crept in at night and nibbled on the hundred dollar bills.

In 1975, Escobar started developing his cocaine operation. He even flew a plane himself several times, mainly between Colombia and Panama, to smuggle a load into the United States. When he later bought fifteen new and bigger airplanes (including a Learjet) and six helicopters, he decommissioned the plane and hung it above the gate to his ranch at Hacienda Napoles. His reputation grew after a well known Medellín dealer named Fabio Restrepo was murdered in 1975 ostensibly by Escobar, from whom he had purchased fourteen kilograms (14kg). Afterwards, all of Restrepo’s men were informed that they were working for Pablo Escobar. In May 1976, Escobar and several of his men were arrested and found in possession of 39 pounds (18 kg) of white paste after returning to Medellín with a heavy load from Ecuador. Initially, Pablo tried unsuccessfully to bribe the Medellín judges who were forming the case against him. Instead, after many months of legal wrangling, Pablo had the two arresting officers bribed and the case was dropped. It was here that he began his pattern of dealing with the authorities by either bribing them or killing them. Roberto Escobar maintains Pablo fell into the business simply because contraband became too dangerous to traffic. There were no drug cartels then and only a few drug barons, so there was plenty of business for everyone. In Peru, they bought the cocaine paste, which they refined in a laboratory in a two-story house in Medellín. On his first trip, Pablo bought a paltry £30 worth of paste in what was to become the first step towards the building of his empire. At first, he smuggled the cocaine in old plane tires and a pilot could earn as much as £500,000 a flight depending on how much he could smuggle.

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